NASDAQ100 drops WHILE SPX500 goes up? Here is WHY!
Hey tradomaniacs,
the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing.
The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19!
It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up.
This is kinda tricky for the US-DOLLAR which is very volatile for now.
FAANG-Stocks are suffering by the outlook t hat Corona is done with an upcoming vaccine.
Why is that?
Because FAANG -Stocks ( Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet (GOOG) had their benefits from Corona as everyone was stuck at home, means people order a lot, watch Netflix and check social-medias.
Last week Jeff Bezos has sold is own Amazon-Stocks aswell so there might be more potential to the downside.
The TEC-HYPE could be over as prices are partially way too high.
❗️BE CAREFULL trading now as cashflow can be very chaotic❗️
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing.
The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19!
It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up.
This is kinda tricky for the US-DOLLAR which is very volatile for now.
FAANG-Stocks are suffering by the outlook t hat Corona is done with an upcoming vaccine.
Why is that?
Because FAANG -Stocks ( Facebook (FB), Amazon (AMZN), Apple (AAPL), Netflix (NFLX); and Alphabet (GOOG) had their benefits from Corona as everyone was stuck at home, means people order a lot, watch Netflix and check social-medias.
Last week Jeff Bezos has sold is own Amazon-Stocks aswell so there might be more potential to the downside.
The TEC-HYPE could be over as prices are partially way too high.
❗️BE CAREFULL trading now as cashflow can be very chaotic❗️
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)